Morguard Real Estate Investment Trust (OTCPK:MGRUF) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Morguard Real Estate Investment Trust Operating Margin % Related Terms
Morguard Real Estate Investment Trust Operating Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Morguard Real Estate Investment Trust Operating Margin % Chart
MGRUF vs VICI, WPC, BNL: Operating Margin % Comparison
For the REIT - Diversified subindustry, Morguard Real Estate Investment Trust's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Morguard Real Estate Investment Trust Operating Margin % vs REITs Industry
Morguard Real Estate Investment Trust Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Morguard Real Estate Investment Trust (MGRUF) has a Operating Margin % of 41.00% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Morguard Real Estate Investment Trust and its competitors. This is 16% below median its historical median of 48.88. Over the past decade, Morguard Real Estate Investment Trust's Operating Margin % has ranged from 45.06 to 55.49. According to the industry distribution chart, Morguard Real Estate Investment Trust ranks #464 out of 749 companies in the REITs industry, placing it in the top 61.9%.
Is Morguard Real Estate Investment Trust's Operating Margin % too high?
Morguard Real Estate Investment Trust's current Operating Margin % of 41.00% is 16% below median its 10-year median of 48.88. Over the past 10 years, this metric has ranged from a low of 45.06 to a high of 55.49. The REITs industry median Operating Margin % is 52.71. Morguard Real Estate Investment Trust's value of 41.00% is 22.2% below this industry median. Based on the distribution chart, Morguard Real Estate Investment Trust ranks #464 out of 749 companies in the REITs industry, which is below the industry midpoint. Overall, Morguard Real Estate Investment Trust has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Morguard Real Estate Investment Trust's Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Morguard Real Estate Investment Trust ranks #464 out of 749 companies for Operating Margin %. This places Morguard Real Estate Investment Trust in the lower half of its industry. The industry median Operating Margin % is 52.71. Morguard Real Estate Investment Trust's value of 41.00% is 22.2% below this benchmark. Historically, Morguard Real Estate Investment Trust's own Operating Margin % has ranged from 45.06 to 55.49 over the past decade. While the company's 10-year median is 48.88 vs. the industry median of 52.71, Morguard Real Estate Investment Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.71, based on 749 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morguard Real Estate Investment Trust's current Operating Margin % of 41.00% is 22.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Morguard Real Estate Investment Trust and its competitors. For the REITs industry, the median Operating Margin % is 52.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morguard Real Estate Investment Trust's current Operating Margin % is 41.00%, which is 16% below median its own 10-year median of 48.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morguard Real Estate Investment Trust stock overvalued right now?
Morguard Real Estate Investment Trust (MGRUF) has a current Operating Margin % of 41.00%. The stock's GF Value™ is $3.71, compared to a current price of $4.64 — trading 25.1% above its estimated fair value. The current Operating Margin % is 41.00%, which is 16% below median its 10-year median of 48.88 and 22.2% below the REITs industry median of 52.71. Morguard Real Estate Investment Trust's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Morguard Real Estate Investment Trust (MGRUF), the current Operating Margin % is 41.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Morguard Real Estate Investment Trust (MGRUF) Overvalued in 2026?
Based on GuruFocus' analysis, Morguard Real Estate Investment Trust stock appears to be overvalued.
The current stock price of $4.64 is trading 25.1% above its estimated GF Value™ of $3.71.
Key valuation signals for MGRUF:
Operating Margin %: 41.00% (16% below median its 10-year median of 48.88)
GF Value™: $3.71 vs. price of $4.64 (25.1% above fair value)
Industry Position: 22.2% below the REITs median (#464 of 749)
No single metric tells the full story. See the MGRUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morguard Real Estate Investment Trust Business Description
Morguard Real Estate Investment Trust is a closed-end trust that owns, manages, and invests in a diversified real estate portfolio of commercial properties across Canada. The company has three reportable segments namely Retail, Office, and Industrial. It derives maximum revenue from the Retail segment.
57GF Score
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